EOG Resources (EOG) Revenue — Quarter Ended Mar 31, 2025
Revenue for the quarter increased compared to the immediately preceding quarter but declined relative to the same quarter one year earlier. The company's filing highlights ongoing efforts to improve drilling and completion efficiencies and evaluate new prospects.
Key takeaway
Quarter ended Mar 31, 2025 · FY2025 Q1
Revenue for the quarter increased compared to the immediately preceding quarter but declined relative to the same quarter one year earlier. The company's filing highlights ongoing efforts to improve drilling and completion efficiencies and evaluate new prospects.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.7B
Revenue reported for this quarter.
Quarter-over-quarter
+1.5%
Change from the immediately preceding quarter.
Year-over-year
-7.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$23.2B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2024 | $6B | +8.1% |
| Sep 30, 2024 | $6B | -4.0% |
| Dec 31, 2024 | $5.6B | -12.1% |
| Mar 31, 2025 | $5.7B | -7.4% |
Revenue performance
The reported revenue reflects a sequential improvement from the prior quarter. However, on a year-over-year basis, revenue was lower.
Quarterly comparison
Compared to the prior quarter, revenue moved higher, reversing the decline seen in the preceding period. Relative to the same quarter last year, revenue was down, continuing a trend of year-over-year decreases.
What to watch
Monitor whether the company's operational efficiency initiatives can sustain the sequential revenue growth amid ongoing inflationary pressures.